The country’s banks have coped well during the pandemic, but big challenges still lie ahead.
A rapid economic recovery has given a boost to Poland’s banks, but a slowdown from high inflation is on the way, driving up the cost of risk for banks.
The UK banking sector had a strong year in 2021, as the economy rebounded with impressive growth. Burhan Khadbai reports.
The emerging digital banking sector in South Korea, led by KakaoBank, is racing ahead of the incumbents.
While Itaú Unibanco remains the largest Brazilian bank, it is the smaller BTG Pactual that outperforms its peers.
Mexico's banks have proved their resiliency, improving asset quality and profitability metrics.
Brazilian banks top the regional table once again, led by Itaú Unibanco.
Following a profit squeeze last year, the US banks benefitted from a more resilient economy than expected.
The Colombian banking sector outperformed analysts' expectations in 2021, with improved profitability and higher Tier 1 capital.
Taiwan’s banks, backed by the country’s solid GDP results, have maintained their overall positions in the Top 1000 ranking.
Banks from the US dominate the new entrants to the Top 1000 World Banks ranking, which saw 21 first-timers this year.
Mergers and acquisitions, and rising revenue from digital payments, are boosting the size of State Bank of India’s main competitors.
South African banks kept the top three regional places, with Nigerian and Egyptian banks making an impression.
Australia’s banks continue to dominate the regional table, excluding China and Japan, while South Korea and Vietnam also make an impressive showing.
Latin American banks have had mixed fortunes in 2020, largely dependent on their pre-pandemic situation. While some have seen growth, persistent lockdown measures could threaten this in 2021.
Europe’s banks survived the pandemic, even extending support for their respective economies. But there is still scope for improved profitability and consolidation in future.
Saudi Investment Bank showed the country’s larger lenders the way on asset quality and return on risk, to take the laurels for best performance.